Goods and Services Tax : The issue was whether buyers can claim ITC when suppliers default on tax payment. The court upheld denial, emphasizing ITC is cond...
Goods and Services Tax : Highlights that system-based NGTP tagging cannot replace proper verification before denying ITC. Key takeaway: factual investigati...
Goods and Services Tax : Courts ruled that denying ITC due to supplier non-payment is unjust when buyers act in good faith. The key takeaway is that bona f...
Goods and Services Tax : This explains how courts have imposed strict safeguards on ITC blocking under Rule 86A. The key takeaway is that due process is no...
Goods and Services Tax : The article highlights how aggressive GST actions impact genuine businesses. The key takeaway is the need for balanced enforcement...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims based on fake invoices without actual supply of goods or services. The accused was arr...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : CGST Delhi South arrested a director for allegedly availing ₹6.53 crore in fraudulent ITC based on bogus invoices worth ₹36.28...
Goods and Services Tax : Government advisories revised the IMS process to stop unfair tax escalation on credit note rejection. The key takeaway is balanced...
Goods and Services Tax : Important change in Table 6 of GSTR-9 for FY 24-25 - Taxpayers can now report ITC of previous financial year that was claimed in ...
Goods and Services Tax : The issue involved alleged cyber fraud where funds were credited to the petitioner’s account. The Court granted relief consideri...
Goods and Services Tax : The Court examined whether ITC can be denied when the supplier fails to deposit tax. It upheld the provision, ruling that ITC depe...
Goods and Services Tax : The Tribunal remanded the case after finding that ITC reversals on unsold inventory were not adequately examined. It directed fres...
Goods and Services Tax : Dispute on ITC mismatch between returns was remitted after ex-parte order, allowing reconciliation upon 10% pre-deposit. Key takea...
Goods and Services Tax : The High Court did not decide the constitutional challenge but directed authorities to reconsider the taxpayer’s objections and ...
Goods and Services Tax : The portal will restrict GSTR-3B filing if ITC reclaims exceed ledger balances. The key takeaway is mandatory correction of excess...
Goods and Services Tax : The Delhi government allows registered taxpayers to rectify GST orders where previously denied ITC is now eligible under section 1...
Goods and Services Tax : Rajasthan GST circular directs officers to reject Input Tax Credit claims for taxpayers who register after 30 days from becoming l...
Goods and Services Tax : Learn about the Rajasthan Commercial Taxes Department's new directive on verifying and rejecting Input Tax Credit claims for busin...
Goods and Services Tax : CBIC unveils trade facilitation measures, combats counterfeit currency, and detects ₹80 crore GST fraud. Key developments from I...
Tata Projects Ltd. challenges an ITC demand for 2018-21 in Gauhati High Court. Court issues notice, stays coercive action until July 18, 2025 hearing.
This article is based on judgement of Sikkim HC wherein Court allows refund of ITC lying in Electronic Credit Ledger at the time of close of business.
Sikkim High Court rules unutilized ITC can be refunded on business discontinuation. No express prohibition in CGST Act, allowing claim despite specific Section 54(3) scenarios.
Calcutta High Court stays ITC reversal order for Agro Trade Centre, citing a similar case where ITC misclassification was deemed revenue neutral.
Sikkim High Court allows GST ITC refund for closed business (SICPA India Pvt. Ltd.), ruling that retaining unutilized credit is unjust and unconstitutional.
Allahabad High Court quashes ITC denial for bona fide buyers when sellers fail to deposit tax, reinforcing that buyers are not responsible for supplier non-compliance.
Explore GST rates and Input Tax Credit (ITC) restrictions on motorcycles, scooters, and electric two-wheelers in India. Learn about tax implications for businesses.
Sikkim High Court sets aside tax authority’s order, allowing SICPA India Pvt. Ltd. to claim refund of unutilized Input Tax Credit upon business discontinuation.
SC affirms Karnataka HC ruling on GST Rule 86A, reinforcing need for pre-decisional hearings and independent evidence before blocking Electronic Credit Ledgers.
This case examines an ITC claim dispute under U.P. GST, 2017, where the supplier allegedly failed to deposit tax. The court reviews Section 16(2)(c) and relevant precedents.
